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: in the new environment, our party faces many severe challenges. >> since then, the president's promised big reform, meant to shift the economy from fast paced to sustainable growth. those reforms are sure to be on the agenda at the national people's congress where investors hope the new administration will show they plan to walk the talk of reforms. investment house barclay's expects the government's anti-corruption drive to pick up speed after president xi jinping speeded up a campaign aimed at rooting out -- the brokerage, like many other firms hopes to see changes that would make the economy more account oriented. measures to help liberalize the financial sector and allow the currency to trade more freely. >> china policymakers are interested in bringing in more exchange rate flexibility. they need to have that before they open up their capital economy. >> reforms have raised awareness that this environmental problem can quickly become a social one. the pollution is a rut of years of double digit growth, no longer expected with the new leadership. most investors believe the government wi
the that the evidence we brought out in the environment of public works committee was new and hadn't been adequately considered. that was dr. o'connor's work showing the downstream harm from those near the mining of the tar sands and the testimony from a community organizer in texas about those who have health damage because of the refining of tar sands-type crude oil. and then those who are near the pepco, the waste product of it in detroit and chicago with really telling stories about children literally having to flee the baseball field to get away from the cloud of choking dust that was blown off the dump. >> mm-hmm. dr. o'connor, i keep hearing this, that the tar sands oil is far more toxic than anything else that the being refined anywhere in the world. is that correct, sir? >> absolutely. >> it is correct that there's nothing worse coming out of the ground on the face of the earth than this oil that's going to come out of the tar sands. >> all the information we have supports that. >> dr. o'connor, how toxic is it when it comes to imposing possible health risks on society? >> i guess from the
, effectively? >> well, it's hard. it's going to be a significant trading range environment. the market will correct back on a repeating basis. we'll get a period where the market doesn't accomplish a heck of a lot. that's all you should expect. >> you watched janet yellen yesterday. did he provide the confidence that you would have wanted? and the reason i ask is because historically, if you just do the math, every time we get a new chair in this role, we usually have some form of a correction within six months. and the question that i keep wondering is whether we have that correction or it's still to come. >> i think, you know, investors tend to react to the unexpected, not the expected. and yesterday, the messaging was steady as she goes. so i think for now, we're in good shape. the march meeting, unless data falls off the cliff, investors will expect and will treat another $10 billion in tapering to occur. so i think we hand off from bernanke to yellen in this case may be a little different. because she was pretty much on tune with the dovishness of the fed and there hasn't been a f
and blind development. we must strengthen the economic environment and resolve to take forceful measures to complete this challenging task. >> now, we heard the announcements from before and there are many people who are worried about whether or not the government at the end of the day is really going to be willing to sacrifice growth in order to try to push through some of these reforms and address some of on these issues, not only on pollution, but also on debt. in terms of pollution, people are saying that if you really want to shut down a lot of these factory webs you could end up with a lot of workers who don't have any place to go. that is one of the main concerns that could actually leave some questions in people's minds as to whether or not the government will be able to push ahead and make these changes, julia. >> thank you. and if i also noticed a 12.5% rise in their defense budget, too. we've seen expressions of concern before the japanese, which is perhaps surprising. is that a waste of money? what's the feedback been on that rise? i know it's something they seem to do everyt
to run my state the bay i want to. let me make the environment such that i can promote jobs in my own state. i don't need the federal government doing this for me. >> but i think you need to look at the entire tax code. do you realize -- >> but you shouldn't be paying 15% when people making less than you are paying a higher rate. >> but if i -- >> that nibt be the case for you. you pit it in harm's way, you're investing it? >> that's another way to say it. >> depending on what you're doing could be putting it in harm's way to lose it. >> put in bitcoins. >> but when you're putting other people's money in harm's way, this goes back to what we talked about before, as the private equity manager, why is that -- why is that the not a commission oriented business? >> when you see somebody make $500 million of which a large portion of it is in carried pictures. that's what private equity is. i redeploy it all the time. i'm constantly buying new deals. why would you want me to stop doing that? >> it's not a matter of punishing you. it's a matter of giving you special status. and i'm not argui
room in a portfolio for equities in an environment of low rates, even if they're going higher, they're going higher in a very slow fashion, if you want. growth is subdued but is still supportive. so that's overall an environment where you want to be in stocks. >> you know, you're the big picture type of investor, and the big picture for the u.s. market for the last four years has been all of the easy money policy from the federal reserve and plenty of people feel like that's why we are sitting at all-time highs right now. so why wouldn't it reverse itself as the fed begins to pull back on the easy money and even if it starts to raise interest rates sooner rather than later, why isn't this a time when the market starts to retreat, where are we still going higher now? >> well, i think although, you know, we're expecting a normalization of rates at some point in the future, we're not talking about something very quick or very drastic. and at the same time the world is healing from its traumatic experience, if you want, from the crisis. so all of this is supportive. now, actually, clear
promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. ♪ but if you cholose your eyes does it always feel like nothing's aged at all ♪ ♪ and if you close your eyes does it almost feel like ♪ >>> time now for cramer and "stop trading" jim. >> the idea that craft beer may have peaked and going back to buds, people are bud izzing abo that. boston beer numbers is not what we expected, this sam. and anheuser-busch, inbev, grade number turnaround in brazil and mexico, huge places that drink beer. is it a trend that can continue? if boston beer wants to spend less money they can show better gross margins. but this deal worked out. and worked out for constellation. the beer market's good. i don't want to make too much of the idea that craft beer has peaked but people will reach that conclusion. >> spirits taking a lot of share overall. >> diagio reported a quarter that was not so hot and the stock came back. if people want to take a real close look at boston beer they're no
to incentives and health systems incentive changes, to less expensive environments that include clinics and home care. we're in the midst of a big transition overall. >> what is it that your company does exactly when you go in and try and streamline things? >> we're a performance improvement company that focuses on cost, in other words, how you procure all products. we have a $5 billion procurement business that helps hospitals buy what they buy, more importantly, how they use the products. there's a best practice out there but it's not used across the country. we take the process to what we know as best practices. >> you're trying to get people paid quicker, right? i mean, there's a million places to attack. are there too many -- what are your two or three primary ways of doing it? you can get bogged down being all things to all people. >> hospitals aline are over a trillion dollars vertically integrated in 5,000 locations, all very complex and all very different. we focus on cost reduction, clinical integration and payment and price integration so that what's being paid for the services render
these the environment you want, uaw certain slit people for you to -- are the people to choose. they can't help with the wages. you have got a facility that's the most advanced, environmentally sound facility in the world right here in chattanooga, tennessee. so, what's this about? it's about one thing. it's about money and it's about power. >> now, in the arena of public opinion, do you think most common sense folks would say, that's involvement? that's real involvement in an election? overall, corker flat-out lied about the united auto workers union. >> we support the works council notion that they are trying to implement. we just had concerns about the uaw. we know of their track record. we know what's happened in communities were they've been located. we know they have been a job-destroying entity through the years. >> no, no, no, no. corker is lying when he makes comments like that about the uaw. uaw has saved thousands of johns all over the country and they have the numbers to back it up. let me be clear, folks. corker's intimidation of plant workers was absolutely unprecedented. never in
such as entities committed to protecting and preserving our nation's environment natural resources or the communities that could be directly impacted by such activities. to be clear, i strongly support the rights of industry to have an opportunity to provide comments on proposed rules. it fosters more informed quality rulemaking and benefits both business and broader society. indeed, that's why our current administrative procedures mandate that a public comment process be conducted to allow any individual or corporation to participate and provide input and feedback in an equal, fair and open process. that's current law. the amendment that congresswoman duckworth and i are proposing today would simply ensure that all participants in the rulemaking process be provided equal consultation rights with agencies. for example, as the ranking member, mr. cummings, noted earlier, if the u.s. department of agriculture were to have a rule in an effort to protect the health of everyday americans, our amendment would ensure that not only the agribusinesses but also food safety experts, children'
, and it a very som competitive environment, jamie dimon runs it. to say they are laying off the guys and his bonuses are going up, not a fair argument 92 it is based on performance, tied to the stock price. neil: government is now saying two out of three businesses will see healthcare premium hikes under the new healthcare law, that did you not shock me. >> speaker boehner, to quote him issue saying this is another punch in the gut for americans rs already struggling under this president's economy. this is going to be younger people whose premium are going up, of the fact with new law, premiums can no longer be based on your age, younger folks will pay more, older folks likely paying less. but at the end of the day, people are paying more, period. not what we want to hear. neil: why is this a fox alert? everyone is for covering preexisting conditions, and keeping your kids on your policy, it is nirvana. >> it is not what the president told us. neil: you can expect to get that and not pay for it. >> the affordable care act is not affordable. it goes back to nancy pelosi saying, we didn't know
environment for security and i think this is one of the things we can help bring our customers. when we show up with our technology, we're bringing our security platform with it. i think that helps customers knowing that we're there to partner with this in this new security gam bit. >> one of the things you ought me is the holy trinity. it's not right now because of connectivity. tell me why it should matter. >> we have been talking about, number one, cloud computing. you don't have to buy software or hardware. can you run the business exact lie like you use your g-mail or any other internet service. number two, facebook has redefined the social paradigm and we can use that to run our business. number three, mobile, the phone is everything. i want to do it all on the phone. but number four is this, i'll highlight it with a story. a couple weeks ago i wasn't feeling well, i had a cold in san francisco, it was a chilly day and going to a trip to the world economic forum. i got a phone call from my friend michael dell. he said are you not feeling very well? i said no but how did you know that?
tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. >>> perseverance pays off. texas high school football player michael aramirez threw a hail mary catchi. and he did it. >> of course. showing everybody in class. everybody is high fives. don't forget your real friends. >> promise is a promise. as soon as he asked me, i said yes and so i'm sticking to that. i'm there. >> love it. he plans to wear a red, white and blue texas attitude's dough. >>> are you one of those obamacare, quote, liars? jacob says my rate increased a whopping 42%. daniel says now i have no coverage and running out of prescriptions soon. thank you for sharing. you are real people. that's it for us. fox news sunday is up next. before we go, might not realize it, but the competition for best original song is where a lot of the drama is for many reasons that the year's oscar, but in part because of a buzz surrounding a song that parents and kids everywhere can't get out of their head
is that these policymakers are making decision necessary a very different growth environment that we've seen in many, many years. people are talking about how the economy is slow and is burdened with debt. there were a lot of questions about the financial sector and the health of it. and the government really doesn't have the same levers that past administrations have had in order to try to stimulate growth. so this is a back drop that they are facing at this time. the big question that people are have here going into this congress is just how will the slowing economy play with those reforms? the government has made big announcements at the end of the last week that we were going to make quite dramatic changes in a chinese contest. but we haven't really seen them walk the talk. that's what investors are going to want to see. they're going to want to see serious efforts in progress for the -- for not only the policies themselves, but also the pace of change. >> thanks so much, eunice. we'll watch for that later on this week. now, the u.s. is bracing for another massive late winter snowstorm, this time taki
're in this zero interest rate environment among the g-8 in a lot of ways people are stretching to always look for yield, right? and at this point in time there's not much alpha in the fixed income world so it's driving people to always look for that opportunity. i think selectively there are tremendous opportunities in emerging markets. but you have to be careful and do your due dildiligence. >> i imagine you have a number of etfs for that, right? >> we do. and we're very happy about our new etf, too. >> be well. >> pleasure. >>> we are a few days away from jobs friday and, of course, that means another opportunity for you to nail the number and win a prize. tweets your predictions for february nonfarm payrolls. use your handle @squawkstreet and if you win, you'll receive this, cnbc hat signed by the whole "squawk on the street" team. are we going to show a video of it? i guess not. we've got it behind us. we'll sign it right now. back here, yes. very nice. sara's going to put it on right now. >> no, it will ruin my hair. >> the ear flaps will work. >> the producer called it a flapper hat. is
on the environment beyond the end of this term. it's an interesting read. >> fossil fuels, they don't like them. by the way, china in their new five five-year plan, thank you, mao, is talking about environmental cleaner. that's instrumental. you got to be able to gauge the ability to be able to see your feet in the smog there. and i know that that's where the real issues are for global warming. obviously they take our jobs. they do a lot of global warming. but we're worried about keystone. in the meantime the trucks and the trains are going to take it all. they are terrible ways. trains don't use that much pollution, but understand that when warren buffett said it's better, a big pipeline cop,mpany, but burlington northern will be the primary beneficiary so i thought he was unconflicted and also unqualified. >> very nice. down is down 27 or 29 points let's get to bob pisani on the floor. good morning. >> good morning. we started in positive territory on the s&p but we just turned negative and, of course, we were at historic highs not just there but the midcap and small cap in
. this is an environment where companies that don't get busy living, taking action like smart acquisitions, get busy dying. when companies do try to take control of their destinies, that tends to be good news for stocks for shareholders, something i write about in "get rich" carefully. that's why i like thermo fisher so much. i think kind of in arms to biotech and big forma, it provides laboratory customers with everything they need and they have a solid diagnostics division and safety business. the big reason i like the stock, back in april, thermo fisher announced it was buying life technologies for 13.6 billion in a deal that closed last month. that makes they the largest player by far. this is just such a fabulous acquisition. the light deal gives the company a terrific platform, something img poor tablet in a world of genetically platformed medicine and makes it the leader of bio science and processing, two years that help accelerate drug recovery and production. thermo fisher rallied 50% more since the like technology announced last april. talk about getting busy living. the company is doing well fo
the planet but that's cool. you're in a region like the middle east where multiproliferation environment where everybody hasn't policy and nobody trusts anyone us. that is the most unstable environment. that was "open range." the hero goes into the town and there are 14 side in town. one person starts shooting and everybody starts shooting everybody else. if you have a nuclear-armed middle east that is the must dangerous situation imaginable. that is the great fear. but i can absolutely tell you that is where we're headed. nobody has a plan to get away from that. these negotiations will not only not stop the nuclear program, they will insure that the next president will have even more difficult challenge keeping iran from going nuclear. that is one of the, the greatest legacy of this administration. sir? >> ross kaminsky from boulder county and lpr 2005. one of the big things we'll hear in the upcoming primary season, john mccain versus rand paul. how should americans think about what foreign engage amentses, what foreign entertaining fellments are actually in our national interests vers
different? >> no. it's the same environment. everything is the same. just -- like i said before, 12 years in the nba, not a problem, not an issue. year 13, not a problem, not an issue. same old, same old. >> that's it for me. i'm brooke baldwin. "the lead with jake tapper" starts right now. >>> the white house warns russia not to do what russia may have already started doing. i'm jake tapper. this is "the lead." the world lead. it's playing out like a tom changes see thriller. ousted ukrainian president viktor yanukovych breaks his silence and vows to fight for his country's future as russian troops are spotted. the politics lead. flashback friday. withheld pages from the clinton presidency is released and shines new light on hillary clinton. >>> and the buried lead. actor seth rogen calls out washington, d.c., for not calling out something that is important. seth rogen live on "the lead" today. good afternoon, everyone. i'm jake tapper. we're going to begin, of course, with the world lead and armed men who may be tied to the russian military who have seized control of two airports
where are they are a great stock to own in this environment. can i go back to my home state and go to jason in new jersey? jason. >> caller: big b-b-b-boo-yah, jim. >> good to have you on. >> caller: jason from new jersey. calling out nokia. i got in at $1.93. i want to know if we can go back up to the glory days or cash out now? >> i don't think it can go back on up to the glory days, but the intellectual property is bountiful, and i think it can make a ton of money off of licenses with that intellectual property. you have a good one, jason, but take out the house's money and then let the rest run. yes, it's rough out there, but we have seen how these crisis induced sell-offs work. we know the life cycle. you know what, stop fearing and start thinking about what to -- >> buy, buy, buy. >> "mad money" will be right back. >> coming up, bid for bidu. going the isn't the biggest search engine in china. it's badu. is it the stock to own? or could china's great wall separate you from profits? and, later, take your vitamins? when a big-time retailer mishits the report, the reaction on t
, and i -- i think it's impossible in this environment to get anything done comprehensively. comprehensive immigration reform. comprehensive tax reform. the reason we had comprehensive health care reform, in spite of what you think about it, is because you had one party controlling the house, the senate and the white house. and so to do things comprehensively, i think it's tough on either side to get something done. i think you have to, you know, get more -- you're going to have more three yard gains in an environment that we operate in washington. you're going to have more three yard gains, than you're going to have 30-yard gains. it's just the reality of the system. so there's much in the bill that i think you could point to that was positive. but there's obviously a lot of things that even republicans would have concern about. to say that we'll create $700 billion in new revenue, alex, that's an assumption over a ten-year period of time, assuming that chairman camp would be the chairman of ways and means over the next ten years. i would buy into that. but even with that, that probably p
an already tense environment. robert siri will travel to geneva today where he will brief the secretary general on his mission to ukraine and discuss further possible steps. the secretary general is gravely concerned that the situation has further deteriorated since yesterday's meeting of the council. in this regard, let me reiterate the secretary general's important messages conveyed in his statement of today. and i quote, "the secretary general continues to closely follow the seriously and rapidly unfolding events in ukraine, including developments in crimea, and is gravely concerned about the deterioration of the situation. the secretary general reiterates his call for the full respect for and preservation of the independence, sovereignty and territorial integrity of ukraine. he calls for an immediate restoration of calm and direct dialogue between all concerned to solve the current crisis. the secretary general will be speaking with president vladimir putin of russia shortly about the situation in ukraine" unquote. let me say in closing, at this crucial moment it is important to rec
, senator, i agree that environment of low rates, low interest rates, especially when it prevails for a long time and we have had a long period of low interest rates, can give rise to behavior that poses threats to financial stability. and, therefore, we need to be looking at that very carefully. and we are doing so in a very thoroughfare way, i believe. there are a number of things that we are monitoring. measures of asset prices and whether or not they appear to be diverging from historical norms, namely it's hard but we're trying to spot any asset bubbles, price bubbles that might be emerging. we're looking at leverage which build up in leverage can be very dangerous to the financial system and pose stability risks. we're looking at trends in leverage. we're looking at credit growth to see whether or not that has potentially worrisome trends. in addition to that, we're looking particularly through our stress tests, at financial institutions and a low-interest rate environment. we have to worry about whether or not they're appropriately dealing with interest rate risk. we have been looking
and dear to them. for george clooney, sudan. ashley judd pushes on hiv research and the environment. even elmo from sesame street, asking lawmakers to support music programs in american schools. hollywood stars say they understand there may be skeptics but if their celebrity can help advance a cause, they're going to take advantage of the spotlight. john and marci. >> karen, thank you. >>> a big legal defeat for actress lisa kudrow, ordered to pay her former manager $1.6 million. the "friends" star had oral agreement but no written contract for scott howard who worked for her for 16 years. the jury agreed kudrow owed him residuals. by the time "friends" ended, he was earning $1 million per episode. >>> another look at justin bieber after his arrest in florida last week. the 19-year-old superstar takes a sobriety test. now clips show bieber giving a urine sample were withheld. bieber has pleaded not guilty to drunk driving. >>> things are starting to get crazy down in rio, even before carnival season gets under way here. here is some proof. take a look. >> a couple of daredevils pulling of
. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. ♪ >>> you talked about the nasdaq being up big and this is one of the reasons. take a stock like omni vision technologies and they reported that a number of people didn't expect anything good because people thought they would lose apple business and china business, but it was much better than expected. they are looking for trading cash, and sound like yahoo!? it is a major change. and now what has been red hot is biotech. medivation, they ahave a cancer drug, and they say they will accelerate, but it is not. and the jaws are dropping on the analysts who were bull ish, and keep in mind that where you have moves in biotech where everything is up, and up, and up, and everything must be perfect, and when they are not, the stocks get hammered. >> and how do you guide people through that morass, the biotech morass and who is going to win and lose? >> well, you fry to have companies who
an environment, rapid inflation either. if you look at measures of the labor market, which it's getting harder to gauge as unemployment rate comes down, there are signs of under utilization, marriagely attached whatters, part time for economic reasons and that represents hidden slack in the labor market, and it will keep down pressure on overall core inflation. >> the last two jobs reports were disappointing, hard to predict. how do you go about making a model for friday's job number? >> it is not easy because trying to put weather variables in models have been frustrating. our baseline forecast is below consensus, we're at 115,000. we tended to focus a lot on the weather conditions during this survey week and they were poor, with a snowstorm that hit the east coast, particularly the southeast had a big shutdown in activity. we think that will result in weakness in the headline number. but as you suggest, there's a big rhyme for air flr this month's payroll number. >> 150, looks like consensus. >> they're the low on the street, aren't you? 115 are you at, that is right? >> we're not the low bu
Search Results 0 to 25 of about 26